http://www.foliomag.com/2012/mslo-takes-third-quarter-hit
The publishing segment may be Martha Stewart Living Omnimedia's biggest revenue source, but in the third quarter it continued to be the heaviest drag on income. Publishing revenues were down 17 percent for the quarter to $27.5 million and the group recorded a $51 million operating loss, compared to a $3.5 million loss in 3Q 2011.
The publishing segment may be Martha Stewart Living Omnimedia's biggest revenue source, but in the third quarter it continued to be the heaviest drag on income. Publishing revenues were down 17 percent for the quarter to $27.5 million and the group recorded a $51 million operating loss, compared to a $3.5 million loss in 3Q 2011.